Smart Asia Chemical Bhd (XKLS:0306) Debt-to-EBITDA : 1.32 (As of Mar. 2026) — 33% Below Median

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XKLS:0306 Smart Asia Chemical Bhd XKLS:0306
28 GF Score
Price RM0.18
! 7 Warning Signs
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What is Smart Asia Chemical Bhd Debt-to-EBITDA?

Smart Asia Chemical Bhd XKLS:0306 +9.09% 28 Debt-to-EBITDA is 1.32 as of Mar. 2026, which is 33% below its 10-year median of 1.96. GuruFocus rates XKLS:0306 with a GF Score™ of 28/100. The stock has 7 warning signs investors should review. Among 1,237 Chemicals companies, Smart Asia Chemical Bhd ranks worse than 58.77% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Smart Asia Chemical Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM5.55 Mil. Smart Asia Chemical Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was RM22.47 Mil. Smart Asia Chemical Bhd's annualized EBITDA for the quarter that ended in Mar. 2026 was RM21.20 Mil. Smart Asia Chemical Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.32.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Smart Asia Chemical Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0306' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.45   Med: 1.96   Max: 3.39
Current: 2.84

During the past 6 years, the highest Debt-to-EBITDA Ratio of Smart Asia Chemical Bhd was 3.39. The lowest was 0.45. And the median was 1.96.

XKLS:0306's Debt-to-EBITDA is ranked worse than
58.77% of 1237 companies
in the Chemicals industry
Industry Median: 2.15 vs XKLS:0306: 2.84

Smart Asia Chemical Bhd  (XKLS:0306) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Smart Asia Chemical Bhd Debt-to-EBITDA Related Terms


Smart Asia Chemical Bhd Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Smart Asia Chemical Bhd's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Smart Asia Chemical Bhd Debt-to-EBITDA Chart

Smart Asia Chemical Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.45 1.11 2.62 2.43 3.39

Smart Asia Chemical Bhd Quarterly Data
Dec20 Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.58 5.30 3.33 3.49 1.32

XKLS:0306 vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Smart Asia Chemical Bhd's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Smart Asia Chemical Bhd Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Smart Asia Chemical Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Smart Asia Chemical Bhd's Debt-to-EBITDA falls into.


XKLS:0306
28GF Score
Smart Asia Chemical Bhd XKLS:0306
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Asia Chemical Bhd Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Smart Asia Chemical Bhd's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.892 + 18.046) / 6.759
=3.39

Smart Asia Chemical Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.547 + 22.465) / 21.196
=1.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.32 mean?
Smart Asia Chemical Bhd (XKLS:0306) has a Debt-to-EBITDA of 1.32 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Smart Asia Chemical Bhd. This is 33% below median its historical median of 1.96. Over the past decade, Smart Asia Chemical Bhd's Debt-to-EBITDA has ranged from 0.45 to 3.39. According to the industry distribution chart, Smart Asia Chemical Bhd ranks #727 out of 1237 companies in the Chemicals industry, placing it in the top 58.8%.
Is Smart Asia Chemical Bhd's Debt-to-EBITDA too high?
Smart Asia Chemical Bhd's current Debt-to-EBITDA of 1.32 is 33% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 3.39. The Chemicals industry median Debt-to-EBITDA is 2.15. Smart Asia Chemical Bhd's value of 1.32 is 38.6% below this industry median. Based on the distribution chart, Smart Asia Chemical Bhd ranks #727 out of 1237 companies in the Chemicals industry, which is below the industry midpoint. Overall, Smart Asia Chemical Bhd has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Smart Asia Chemical Bhd's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Smart Asia Chemical Bhd ranks #727 out of 1237 companies for Debt-to-EBITDA. This places Smart Asia Chemical Bhd in the lower half of its industry. The industry median Debt-to-EBITDA is 2.15. Smart Asia Chemical Bhd's value of 1.32 is 38.6% below this benchmark. Historically, Smart Asia Chemical Bhd's own Debt-to-EBITDA has ranged from 0.45 to 3.39 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 2.15, Smart Asia Chemical Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.15, based on 1,237 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Asia Chemical Bhd's current Debt-to-EBITDA of 1.32 is 38.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Smart Asia Chemical Bhd. For the Chemicals industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Asia Chemical Bhd's current Debt-to-EBITDA is 1.32, which is 33% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Asia Chemical Bhd stock overvalued right now?
Smart Asia Chemical Bhd (XKLS:0306) has a current Debt-to-EBITDA of 1.32. The current Debt-to-EBITDA is 1.32, which is 33% below median its 10-year median of 1.96 and 38.6% below the Chemicals industry median of 2.15. Smart Asia Chemical Bhd's overall GF Score™ is 28/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Smart Asia Chemical Bhd (XKLS:0306), the current Debt-to-EBITDA is 1.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Smart Asia Chemical Bhd Business Description

Address No. 11, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
Smart Asia Chemical Bhd is an investment holding company. Through its subsidiaries, it is involved in the development, manufacturing, distribution, and sale of decorative paints and protective coatings for household and industrial applications. Also involved in the development, manufacturing, distribution and sale of related products, namely colourants, and binding and coating chemicals; sale and trading of painting tools and accessories, aerosol spray paints and other related products to complement decorative paints and protective coatings offerings, ODM services of decorative paints, protective coatings as well as binding and coating chemicals for third party brand owners. Company has three segments manufacturing, sale and trading and other.
28GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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